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Guest Steve Cook

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Guest Steve Cook
Ohh very bearish and very familiar, can we pin this? Part two is tommorow

Sure.

Don't know how you go about doing that, though.

I'm expecting a lot of stick for being a "scummy property developer" in the eighties......

"Loadsamoney".... :lol:

Edited by Steve Cook

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Sure.

Don't know how you go about doing that, though.

I'm expecting a lot of stick for being a "scummy property developer" in the eighties......

"Loadsamoney".... :lol:

You came accross well mate. :)

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I agree with Injin - you came across really well.

It was good to hear about what must have been a very difficult situation without the self-pity and blaming of others that is so common these days.

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Still listening, fascinating stuff

just finnished, please do post the link tomorrow

Edited by worzel

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Definately worth a listen.

Unfotunately a lot of people will be following your plight this time around.

I think there are more people who are '1 Pay packet away from repossesion' than last time.

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Guest Steve Cook
Definately worth a listen.

Unfotunately a lot of people will be following your plight this time around.

I think there are more people who are '1 Pay packet away from repossesion' than last time.

Yep. Absoloutely.

This is pretty much the thrust of what I go on to say in the second programme. The incredible leverage that people are now exposed to means that only a very small movement upwards in interest rates wil be enough to finish them.

Couple the above with a drying up of access to easy credit and also rising unemployment; The house of cards we have built this time around has much further to fall.

50% minimum

Edited by Steve Cook

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Guest Steve Cook
Very interesting and you came across very well, Steve.

You properdee-developing weasel ;)

Yep....but I sound so bleeding northern.... :lol:

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Guest Steve Cook

I think the next one is on at 9:30 this morning on the World Service.

Sad little git that I am I have got it tuned in ready.... :lol:

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Thanks for your story Steve. I takes a very brave person to do what you and your wife have done, go on air to share your mistakes so others can learn by them.

Best Wishes

Foxy

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Yep....but I sound so bleeding northern.... :lol:

As a southerner in the North I get told I sound so posh! Don't worry about it!

Thanks, for posting the link (and doing the interviews). This is why I can't keep away from this site, there are just so many real stories.

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Guest Steve Cook
The perfect indicator of social mobility: buying from Laura Ashley :P

Good interview, no whining or blaming everyone else - thanks.

You're dead right, actually... :rolleyes:

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Guest Steve Cook
Very good piece Steve.

I suppose this whole thing right now is bringing all those nightmares flooding back to you on a daily basis.

yep

I just feel so terribly sad for all of those twenty somethings out there with a family in tow who have leveraged themselves up to the eyeballs. They have no idea of the hurricane headed their way. No conception of just how bad things will get for them.

And, also, how long it will take them to economically recover. This time round, it's much worse. At least I did recover, eventually.

I think the crisis that is facing people this time around is so vast that many will never recover from it.

Edited by Steve Cook

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Guest Steve Cook

I should say, I thought programme 2 was on at 9:30 this morning. However, I think it is on in a later edition today. That being the case, I'll post link on here for anyone who wants a listen later on today

Edited by Steve Cook

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Guest Steve Cook
I can't get the link to work, using mac.

Steve, what station was it on, time etc, so I can find it on the listen again section at beeb site.

Hi

I have made link to the world service "outlook" page. They do the podcasts on there.

http://www.bbc.co.uk/worldservice/outlook/index.shtml

If you click on Monday's link you will get yesterdays programme. Skip to about 8 mins in.

You need to click on the Tuesday link for today's programme. However, it has not been updated yet and still has last Tuesday's programme on it.

Probably after lunch today I would think

Edited by Steve Cook

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You need to click on the Tuesday link. However, it has not been updated yet and still has last Tuesday's programme on it.

Probably after luch today I would think

Thanks Steve.

I take it that's for part 2, not part 1? I'd really like to hear part 1 first, might have to crank the old PC up...

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  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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